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Evaluating Health Risks An Economic Approach

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ISBN-10: 0521478782

ISBN-13: 9780521478786

Edition: 1995

Authors: Per-Olov Johansson

List price: $54.99
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Description:

A major problem in health economics is how to give a value to changes in health. This is the first book to present a comprehensive survey of the money measures that are used in such evaluations. The author defines the properties of these money measures, examining them in both a certain and a risky world. He evaluates available empirical approaches for the assessment of the value of health changes, and considers measures such as quality-adjusted life years (QALYS) and health-years equivalents (HYES).
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Book details

List price: $54.99
Copyright year: 1995
Publisher: Cambridge University Press
Publication date: 4/27/1995
Binding: Paperback
Pages: 204
Size: 6.00" wide x 9.00" long x 0.50" tall
Weight: 0.638
Language: English

Preface
Introduction
Scope of the study
Important contributions
Plan of the study
Some basic tools and concepts
Utility maximization
A health production function
Intertemporal models
Introducing risk
Some further comments on risk
More complex intertemporal models
Appendix
Evaluating health changes in a certain world
Two money measures of a change in health
On the properties of compensated money measures
An example: using CV and EV
Overall versus instantaneous money measures
A health production function approach
Using market data to evaluate changes in health
Appendix
Money measures in a risky world
Introducing money measures in a risky world
A WTP locus
Evaluating changes in mortality, and the value of a statistical life
Endogenous risks and altruism
Changes in wealth and the value of health
Intertemporal models
Appendix
Evaluating health risks: practical methodologies
The contingent valuation method
Closed-ended techniques
A useful interpretation of WTP measures
CVM studies of health risks
The human capital approach
Market-based estimation methods
The value of a statistical life
Appendix
Contingent valuation studies of health care
Empirical studies of the WTP for health care: a brief review
A study of high blood pressure
The results
Useful formulae for the computation of the mean WTP
Appendix
Aggregation
The social welfare function
Project evaluations
Pragmatic views on the aggregation problem
An illustration: how to assess a treatment
Altruism
Altruism in cost-benefit analysis
Appendix
Further evaluation issues in a risky world
The value of information
A health production function model
Using the model to assess health changes
On the value of changes in life expectancy
Appendix
Concluding remarks on related approaches
Qalys and hyes
Risk-risk and risk-dollar trade-offs
Cost-effectiveness analysis
Appendix
Notes
Bibliography
Index